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Study sets matching "banking vocab chapter 2"

10 terms
Banking vocabulary chapter 2
bank run
currency
Federal Reserve Act of 1913
Federal Deposit Insurance Corporation
occurs when many people try to withdraw their money at once
all media of exchange circulating in a country
created a system to stabilize the banking system
guarantees deposits against bank failures up to $100,000 per…
bank run
occurs when many people try to withdraw their money at once
currency
all media of exchange circulating in a country
10 terms
Banking Vocabulary Chapter 2
Bank run
Currency
Federal Reserve Act
Federal Deposit Insurance Corporation…
occurs when many people try to withdraw their money all at on…
all media of exchange circulating in a country.
created system to stabilize the banking system.
guarantees deposits against bank failures up to $100,000 per…
Bank run
occurs when many people try to withdraw their money all at on…
Currency
all media of exchange circulating in a country.
10 terms
Banking vocabulary chapter 2
bank run
currency
federal reserve act
federal deposit insurance
occurs when many people try to withdraw their money at once
all media of exchange circulating in a country
created a system to stabilize the banking system
guarantees deposits against bank failures up to $100,000 per…
bank run
occurs when many people try to withdraw their money at once
currency
all media of exchange circulating in a country
10 terms
Banking Vocabulary Chapter 2`
Bank Run
Currency
Federal Reserve Act
Federal Deposit Insurance Corporation…
Occurs when many people try to withdraw their money at once
All media of exchange circulating in a country
Created a system to stabilize the banking system
Guarantees deposits against bank failures up to $100,000 per…
Bank Run
Occurs when many people try to withdraw their money at once
Currency
All media of exchange circulating in a country
10 terms
Chapter 2 Vocabulary (banking)
Bank Run
Currency
Federal Reserve Act
Federal Deposit Insurance Corporation…
occurs when many people try to withdraw their money at once.
all media of exchange circulating in a country.
created a system to stabilize the banking system.
guarantees deposits against bank failures up to $100,000 per…
Bank Run
occurs when many people try to withdraw their money at once.
Currency
all media of exchange circulating in a country.
2 terms
Banking Chapter 2 Vocabulary
Reserve Liquidity
Stagflation
...
...
Reserve Liquidity
...
Stagflation
...
10 terms
banking chapter 2 vocabulary
Bank Run
Currency
Federal Reserve Act
Federal Deposit Insurance Corporation…
occurs when many people try to withdraw their money at once
all media exchange circulating in a country
created a system to stabilize the banking system
guarantees deposits against bank failures up to 100,000 per d…
Bank Run
occurs when many people try to withdraw their money at once
Currency
all media exchange circulating in a country
10 terms
Banking Chapter 2 Vocabulary
Bank run
currency
federal reserve Act
Federal deposit insurance corporation…
occurs when many people try to withdraw their money at once.
all media of exchange circulating in a country.
created a system to stabilize the banking system.
guarantees deposit against bank failure up to $100,000 per de…
Bank run
occurs when many people try to withdraw their money at once.
currency
all media of exchange circulating in a country.
10 terms
Banking Vocabulary Chapter 2
Bank Run
Stagflation
Federal Reserve Act (FRA)
Recession
Way's to quickly convert banks' reserves to cash.
Combination of a stagnant economy and high inflation.
Legislation that created a system to stabilize the banking in…
A decline in total production lasting a minimum of two consec…
Bank Run
Way's to quickly convert banks' reserves to cash.
Stagflation
Combination of a stagnant economy and high inflation.
10 terms
Banking Chapter 2 Vocabulary
Bank run
currency
federal reserve Act
Federal deposit insurance corporation…
occurs when many people try to withdraw their money at once.
all media of exchange circulating in a country.
created a system to stabilize the banking system.
guarantees deposit against bank failure up to $100,000 per de…
Bank run
occurs when many people try to withdraw their money at once.
currency
all media of exchange circulating in a country.
10 terms
Banking Chapter 2 Vocabulary
Bank Run
Currency
Federal Reserve Act
Federal Deposit Insurance Corporation…
When many people try to withdraw their money at once.
All media of exchange circulating in a country.
Created a system to stabilize the banking system.
Guarantees deposits against bank failures up to $100K per dep…
Bank Run
When many people try to withdraw their money at once.
Currency
All media of exchange circulating in a country.
10 terms
Banking Vocabulary Chapter 2
bank run
currency
Federal Reserve Act
Federal Deposit Insurance Corporation…
occurs when many people try to withdraw their money at once
all media of exchange circulating in a country
created a system to stabilize the banking system
guarantees deposits against bank failures up to $100,000 per…
bank run
occurs when many people try to withdraw their money at once
currency
all media of exchange circulating in a country
10 terms
Banking Vocabulary Chapter 2
bank run
currency
Federal Reserve Act
Federal Deposit Insurance Corporation…
occurs when many people try to withdraw their money at once
all media of exchange circulating in a country
created a system to stabilize the banking system
guarantees deposits against bank failures up to $100,000 per…
bank run
occurs when many people try to withdraw their money at once
currency
all media of exchange circulating in a country
Banking Chapter 2 Vocabulary
Bank Run
Currency
Federal Reserve Act
Federal Deposit Insurance Corporation
occurs when many people try to withdraw their money at once.
all media of exchange circulating in a country.
created a system to stabilize the banking system.
guarantees deposits against bank failures up to $100,000 per…
Bank Run
occurs when many people try to withdraw their money at once.
Currency
all media of exchange circulating in a country.
14 terms
Banking Chapter 2 Vocab
Check
Deposit/Credit
Debit
Balance/Reconcile
written order specifying the amount of $$ to be paid & the na…
$$ you put into your account
withdrawal from your account
compare the amount of $$ in an account, equal to the net of c…
Check
written order specifying the amount of $$ to be paid & the na…
Deposit/Credit
$$ you put into your account
23 terms
Banking Chapter 2
Capital markets
Choice
Commodity markets
Corporation
Markets in which debt and equity securites that are issued fo…
Deciding which wants and needs will be satisfied and which wi…
Markets where raw materials and other basic production resour…
A distinct legal entity formed by completing legal documents…
Capital markets
Markets in which debt and equity securites that are issued fo…
Choice
Deciding which wants and needs will be satisfied and which wi…
20 terms
BANKING- chapter 2
T/f money is a medium of exchange for…
T/f a check is an example of bank curr…
T/f there was no form of paper currenc…
T/f the first Bank of the United State…
True
False
False
False
T/f money is a medium of exchange for…
True
T/f a check is an example of bank curr…
False
63 terms
Money and Banking Chapter 2
Direct Finance
Indirect Finance
Primary markets
Secondary Markets
borrowers borrow funds directly from lenders in financial mar…
a flow of funds from savers to borrowers through financial in…
investment banks underwrite securities for new companies issu…
where brokers and dealers work to trade stocks and bonds
Direct Finance
borrowers borrow funds directly from lenders in financial mar…
Indirect Finance
a flow of funds from savers to borrowers through financial in…
16 terms
Banking Principles Chapter 2 Vocabulary
Monetary Policy
Discount Operations
Open-Market Operations
Federal Funds
The management of a nation's money supply by a central bank,…
A tool of monetary policy in which banks borrow funds from th…
The purchase and sale of US Treasury and federal agency secur…
Excess reserves the banks deposit at Federal Reserve Banks an…
Monetary Policy
The management of a nation's money supply by a central bank,…
Discount Operations
A tool of monetary policy in which banks borrow funds from th…
20 terms
BANKING- chapter 2
T/f money is a medium of exchange for…
T/f a check is an example of bank curr…
T/f there was no form of paper currenc…
T/f the first Bank of the United State…
True
False
False
False
T/f money is a medium of exchange for…
True
T/f a check is an example of bank curr…
False
26 terms
Banking Administration Chapter 2
dual banking system
state banking commissions
Comptroller of the Currency
Federal Reserve System
a system of banking regulation in which both federal and stat…
boards or commissions appointed by governors or legislators i…
federal government agency, a part of the US Treasury Departme…
the federal agency that serves as a "lender of last resort" f…
dual banking system
a system of banking regulation in which both federal and stat…
state banking commissions
boards or commissions appointed by governors or legislators i…
25 terms
Banking Chapter 2
bank run
stagflation
member bank
discount rate
circumstance when many depositors withdraw money at once
combination of a stagnant economy and high inflation
national or state bank that is part of the federal reserve
interest rate charged to banks by the federal reserve
bank run
circumstance when many depositors withdraw money at once
stagflation
combination of a stagnant economy and high inflation
13 terms
final banking chapter 2
E
c
a
b
Banks are regulated for which of the reasons listed below?…
An institutional arrangement in which federal and state autho…
The federal law that prohibited federally supervised commerci…
The Gramm-Leach-Bliley Act (Financial Services Modernization…
E
Banks are regulated for which of the reasons listed below?…
c
An institutional arrangement in which federal and state autho…
10 terms
Banking chapter 2
bank run
currency
Federal reserve act
Federal deposit insurance Corporation(…
occurs when many people try to withdraw their money at once
all media of exchange circulating in a country
created a system to stabilize the banking system
guarantees deposits against bank failures up to 100,000 per d…
bank run
occurs when many people try to withdraw their money at once
currency
all media of exchange circulating in a country
10 terms
Banking Chapter 2
bank run
currency
Federal Reserve Act
Federal Deposit Insurance Corporation…
occurs when many people try to withdraw their money at once
all media of exchange circulating in a country
created a system to stabilize the banking system
guarantees deposits against bank failures up to $100,000 per…
bank run
occurs when many people try to withdraw their money at once
currency
all media of exchange circulating in a country
10 terms
banking chapter 2
bank run
currency
federal reserve act
federal deposit insurance coporation
occurs when many people try to withdraw their money at once
all media of exchange circulating in a country
created a system to stabilize the banking system
guarantees deposit against bank failures up to 100,000 per de…
bank run
occurs when many people try to withdraw their money at once
currency
all media of exchange circulating in a country
10 terms
Banking Chapter 2
Bank Run
Currency
Federal Reserve Act
Federal Deposit Insurance Corporation
Occurs when many people try to withdraw their money at once.
all media of exchange circulating in a country
Created a system to stabilize the banking system
Guarantees deposits against bank failures up to $100,000 per…
Bank Run
Occurs when many people try to withdraw their money at once.
Currency
all media of exchange circulating in a country
37 terms
banking chapter 2 vocab
bond
business finance company
captive finance company
commercial bank
Represents money a government or company has borrowed from th…
Provides loans for businesses, such as retail stores.
Formed by a manufacturer to provide loans so the manufacturer…
A financial institution owned by investors that focuses on bu…
bond
Represents money a government or company has borrowed from th…
business finance company
Provides loans for businesses, such as retail stores.
31 terms
Money and Banking Chapter 2
barter
transaction costs
commodity money
specialization
system of exchange in which individuals trade goods and servi…
cost in time or other resources that parties incur in the pro…
good used as money that has value independent of its use as m…
a system in which individuals produce the goods or services f…
barter
system of exchange in which individuals trade goods and servi…
transaction costs
cost in time or other resources that parties incur in the pro…
8 terms
banking chapter 2
bank run
currency
federal reserve act
federal deposit insurance
occurs when many people try to withdraw their money at once
all media of exchange circulating in a country
created a system to stabilize the banking system
guarantees deposits against bank failures up to 100,000 per d…
bank run
occurs when many people try to withdraw their money at once
currency
all media of exchange circulating in a country
banking chapter 2
bank run
currency
Federal reserve act
federal deposit insurance
occurs when many people try to withdraw their money at once
all media of exchange circulating in a country
created a system to stabilize the banking system
guarantees deposits against bank failures up to 100,000
bank run
occurs when many people try to withdraw their money at once
currency
all media of exchange circulating in a country
10 terms
Banking Chapter 2
bank run
currency
Federal Reserve Act
Federal Deposit Insurance Corporation…
circumstance when many depositors withdraw money at once
all media of exchange circulating in a country
legislation that created a system to stabilize the banking in…
agency that guarantees bank deposits
bank run
circumstance when many depositors withdraw money at once
currency
all media of exchange circulating in a country
10 terms
Banking Chapter 2 Vocab.
ways to quickly convert banks' reserve…
combination of a stagnant economy and…
legislation that created a system to s…
a decline in total production lasting…
reserve liquidity
stagflation
Federal Reserve Act
recession
ways to quickly convert banks' reserve…
reserve liquidity
combination of a stagnant economy and…
stagflation
17 terms
Chapter 2 banking
Finance company
Investment bank
Business finance company
Non-depository institution
Issues loans to individuals+businesses
Provides services to businesses
Arranges with a business to provide loans to customers
Accepts money from customers to invest in B deals
Finance company
Issues loans to individuals+businesses
Investment bank
Provides services to businesses
10 terms
Banking Chapter 2
Bank run
currency
federal deposit insurance corporation
inflation
occurs when to many people try to withfrawl all their money a…
all media pf exchange occurring in onecountry
guarantees deposits against bank failures up to $100,000 per…
a rise in general prices, including a rise in the supply of m…
Bank run
occurs when to many people try to withfrawl all their money a…
currency
all media pf exchange occurring in onecountry
Banking chapter 2
Bank run
Currency
Federal Reserve Act
Federal Deposit Insurance Corporation…
occurs when many people try to withdraw their money at once
all media of exchange circulating in a country
created a system to stabilize the banking system
guarantees deposits against bank failures up to $100,000 per…
Bank run
occurs when many people try to withdraw their money at once
Currency
all media of exchange circulating in a country
10 terms
Banking Chapter 2
Bank Run
Currency
Federal Reserve Act
Federal Deposit Insurance Corporation
occurs when many people try to withdraw their money at once
all media of exchange circulating in a country
created a system to stabilize the banking system
guarantees deposits against bank failures up to $100,000 per…
Bank Run
occurs when many people try to withdraw their money at once
Currency
all media of exchange circulating in a country
10 terms
Banking Chapter 2
BANK RUN
CURRENCY
FEDERAL RESERVE ACT
FEDERAL DEPOSIT INSURANCE CORPORATION
OCCURS WHEN MANY PEOPLE TRY TO WITHDRAW THEIR MONEY AT ONCE
ALL MEDIA OF EXCHANGE CIRCULATING IN COUNTRY
CREATED A SYSTEM TO STABILIZE THE BANKING SYSTEM
GUARANTEES DEPOSITS AGAINST BANK FAILURES UP TO 100,000 PER D…
BANK RUN
OCCURS WHEN MANY PEOPLE TRY TO WITHDRAW THEIR MONEY AT ONCE
CURRENCY
ALL MEDIA OF EXCHANGE CIRCULATING IN COUNTRY
10 terms
Banking Chapter 2
Bank Run
Currency
Federal Reserve Act
Federal Deposit Insurance Corporation…
occurs when many people try to withdraw their money at once
all media of exchange circulating in a country
created a system to stabilize the banking system
guarantees deposits against bank failures up to $100,000 per…
Bank Run
occurs when many people try to withdraw their money at once
Currency
all media of exchange circulating in a country
Chapter 2 banking
ROA formula
ROE formula
capital ratio
3 tools feds use to influence the flow…
net profit/ total assets * 100
net profit/ total equity *100
capital/assets *100
reserve requirements, discount operations, open market operat…
ROA formula
net profit/ total assets * 100
ROE formula
net profit/ total equity *100
10 terms
Banking Chapter 2
Bank run
currency
federal reserve act
federal deposit insurance corporation
occurs when people try to withdraw their money at once
all media of exchange circulating in a country
created a system to stabalize the banking system
guarantees deposits against bank failures up to 100,000 per d…
Bank run
occurs when people try to withdraw their money at once
currency
all media of exchange circulating in a country
Banking Chapter 2
Bank Run
Currency
Federal Deposit Insurance Corporation…
Great Depression
Occurs when many people try to withdraw their money at once.
All media of exchange circulating in a country
Guarantees deposits against bank failures up to $100,00 per d…
The worst and longest economic crisis of Western industrializ…
Bank Run
Occurs when many people try to withdraw their money at once.
Currency
All media of exchange circulating in a country
22 terms
Money and Banking Chapter 2
Money
Barter
Transaction costs
Commodity money
anything that is generally accepted as payment for goods and…
system of exchange in which individuals trade goods and servi…
the costs in time and other resources that parties incur in t…
a good used as money that also has value independent of its u…
Money
anything that is generally accepted as payment for goods and…
Barter
system of exchange in which individuals trade goods and servi…
75 terms
Banking Chapter 2
Financial Intermediary
Monetary Policy
Discount Operations (Rate)
Open-market Operations
A financial institution that facilitates the exchange of fund…
The management of a nation's money supply by a central bank,…
A tool of monetary policy in which banks borrow funds from th…
The purchase and sale of U.S. Treasury and federal agency sec…
Financial Intermediary
A financial institution that facilitates the exchange of fund…
Monetary Policy
The management of a nation's money supply by a central bank,…
9 terms
Banking chapter 2
Reserve liquidity
Margin
Bank run
FDIC
Ways to quickly convert banks' reserves to cash
Buying a stock for a fraction of it price and then reselling…
When many people try to withdraw their money at once
Guarantees deposits against bank failures
Reserve liquidity
Ways to quickly convert banks' reserves to cash
Margin
Buying a stock for a fraction of it price and then reselling…
Banking Chapter 2 Vocab
To make your checkbook balance agree w…
A bank form listing your monthly depos…
This check is a check which have been…
If you make an error write "--" across…
reconcile
statement
cancelled
void
To make your checkbook balance agree w…
reconcile
A bank form listing your monthly depos…
statement
31 terms
money and banking chapter 2
barter
transaction costs
commodity money
specialization
system of exchange in which individuals trade goods and servi…
cost in time or other resources that parties incur in the pro…
good used as money that has value independent of its use as m…
a system in which individuals produce the goods or services f…
barter
system of exchange in which individuals trade goods and servi…
transaction costs
cost in time or other resources that parties incur in the pro…
55 terms
Money and Banking Chapter 2
liabilities
capital
maturity
short term
IOUs or debts
wealth, either financial or physical, that is employed to pro…
time to the expiration date of a debt instrument
with reference to a debt instrument, having a maturity of one…
liabilities
IOUs or debts
capital
wealth, either financial or physical, that is employed to pro…
44 terms
Money and Banking Chapter 2
Adverse selection
Asset transformation
Asymmetric information
Brokers
refers to a situation where sellers have information that buy…
A type of transformation whereby banks use deposits (mobilize…
deals with the study of decisions in transactions where one p…
a person who buys and sells goods or assets for others.
Adverse selection
refers to a situation where sellers have information that buy…
Asset transformation
A type of transformation whereby banks use deposits (mobilize…
33 terms
money and banking chapter 2
direct finance
indirect finance
liabilities
capital
borrowers borrow funds directly from financial markets by sel…
a financial intermediary borrows funds from lender-savers and…
IOUs or debts.
wealth, either financial or physical, that is employed to pro…
direct finance
borrowers borrow funds directly from financial markets by sel…
indirect finance
a financial intermediary borrows funds from lender-savers and…
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